Apollo Minerals Eyes Promising 2025 with High-Grade Gold Potential at Salanie

3 min read | December 17, 2024 06:11 PM PST | By Team Kalkine Media

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Apollo Minerals Eyes Promising 2025 with High-Grade Gold Potential at Salanie — Image source: shutterstock

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Highlights

Apollo Minerals (AON) plans to kickstart 2025 with a focused drilling campaign at the Salanie Gold Project.

Initial exploration reveals high-grade gold mineralisation, signaling strong potential for future discoveries.

Priority targets include untested zones and extensions of A1 Prospect mineralisation.

Apollo Minerals (ASX:AON) is gearing up for an ambitious 2025 drilling campaign at the Salanie Gold Project in Gabon, following promising results from its 2024 exploration activities. This marks a significant milestone for the company as it uncovers untapped mineralisation in a region untouched by modern exploration for seven decades.

The company’s initial efforts focused on the A1 Prospect, targeting high-grade gold mineralisation that remains open along both strike and dip. The exploration revealed mineralisation that aligns with trench SATR001, which returned exceptional results of 10.3 metres at 3.4 g/t gold and 1.4 metres at 15.7 g/t gold. These findings validate the prospect’s potential for further high-grade discoveries.

During its 2024 drilling, Apollo intersected shallow, high-grade gold at A1. Drill hole SLDD004 delivered standout results, including 11.7 metres at 4.3 g/t gold from 9.6 metres, with a richer interval of 5.8 metres at 8.2 g/t gold from 15.5 metres. Mineralised veining was also identified in hole SLDD002 along a trend from historical underground workings, reinforcing the prospect’s strategic importance for the upcoming campaign.

A Bold Vision for 2025

Apollo Minerals plans to hit the ground running in early 2025, targeting untested zones across priority prospects A2, A3, and P6. Additionally, the company aims to expand on the high-grade extensions observed at A1 Prospect and along the trends near the historical P6 underground workings. These areas are set to play a key role in uncovering new mineralised systems within the project.

This renewed focus is driven by the exceptional results from 2024, which demonstrated the region’s untapped potential. Apollo's proactive approach ensures that the Salanie Gold Project remains a promising asset in its portfolio.

The company has also opened its one-for-three non-renounceable pro-rata entitlements offer, which will close on December 24, 2024. This initiative is expected to provide Apollo with the resources needed to accelerate its exploration and development activities.

With a strategy centered on high-grade targets and a systematic drilling campaign, Apollo Minerals (AON) is positioned to further uncover the significant potential of the Salanie Gold Project in the coming year.

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